AN EXCELLENT INVESTMENT OPPORTUNITY AWAITS ON SYRACUSE’S NORTHSIDE WITH THIS MIXED-USE PROPERTY GENEREATING IMMEDIATE CASH FLOW! Currently bringing in a total of $3,750 per month in gross income, this property offers a rare combination of residential and commercial rental streams. The ground floor features a long-standing, fully operational grocery store on a lease that runs through June 2026, providing stable, ongoing commercial income. Also on the first floor is a rented studio apartment. Upstairs, the second floor houses two additional rental units: a 3-bedroom apartment renting for $1,400/month, and a 1-bedroom apartment at $700/month. All residential tenants are on month-to-month leases, giving new ownership flexibility for rent increases or future upgrades. Whether you’re expanding your portfolio or looking for a cash-flowing asset in a high-demand area, this property checks all the boxes. Delayed showings until Tuesday 8/12/25.
Directions: From James St & Lodi, take Lodi to Seward St, follow Seward to Graves, take a right on Graves St. up one block is the corner of Graves and Highland St.
Property Details
Property Id: 555103
Price: $ 175,000
Property Size:5,037.00 ft2
Property Lot Size:0.08 ac
Bedrooms: 4
Bathrooms: 4
Waterfront Y/N: No
Architectural Style: Fourplex
Basement: Full
Bathrooms Full: 3
Bathrooms Half: 1
Bathrooms Total: 4
Bedrooms Total: 4
Building Sq Ft Total: 5037
Directions: From James St & Lodi, take Lodi to Seward St, follow Seward to Graves, take a right on Graves St. up one block is the corner of Graves and Highland St.
Elementary School: Other - See Remarks
Elementary School District: Syracuse
Flooring: Varies, Vinyl
Foundation Details: Stone
Heating: Gas, ForcedAir
High School: Henninger High
High School District: Syracuse
Latitude: 43.061182
Levels: Two
List Office Name: Bell Home Team
List Office Phone: 315-216-7648
List Price: 175000
Listing Id: S1628986
Living Sq Ft: 5037
Longitude: -76.141052
Lot Features: CornerLot, NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Description: AN EXCELLENT INVESTMENT OPPORTUNITY AWAITS ON SYRACUSE'S NORTHSIDE WITH THIS MIXED-USE PROPERTY GENEREATING IMMEDIATE CASH FLOW! Currently bringing in a total of $3, 750 per month in gross income, this property offers a rare combination of residential and commercial rental streams. The ground floor features a long-standing, fully operational grocery store on a lease that runs through June 2026, providing stable, ongoing commercial income. Also on the first floor is a rented studio apartment. Upstairs, the second floor houses two additional rental units: a 3-bedroom apartment renting for $1, 400/month, and a 1-bedroom apartment at $700/month. All residential tenants are on month-to-month leases, giving new ownership flexibility for rent increases or future upgrades. Whether you're expanding your portfolio or looking for a cash-flowing asset in a high-demand area, this property checks all the boxes. Delayed showings until Tuesday 8/12/25.
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